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Fly News Breaks for February 12, 2018
INTU
Feb 12, 2018 | 06:40 EDT
Deutsche Bank analyst Nandan Amladi raised his price target for Intuit to $190 saying the company is his to pick in Global Cloud Accounting Software. Intuit has "effectively tapped into the unserved self-employed segment," Amladi tells investors in a research note. His analysis indicates QBO unit growth rates recently accelerated above 50%. The analyst keeps a Buy rating on the shares.
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